Cost of Living: Denison, TX vs Norway, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Denison | Norway |
|---|---|---|
| Housing Index | 75.0 | Data is updating |
| Median Home Price | $253,000 | $156,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1544 | $Data is updating |
Housing Comparison: Denison vs Norway
- In Denison, the median home price is higher at $253,000, while in Norway it is $156,000.
- The rent for a two-bedroom apartment is equal in both Denison and Norway at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Denison | Norway |
|---|---|---|
| Electricity Price | $14.47 | $14.82 |
| Natural Gas Price | $26.29 | $15.61 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Denison vs Norway
- Norway has higher electricity costs at $14.82 per kWh, versus $14.47 in Denison.
- Natural gas is more expensive in Denison at $26.29 per unit, while it is cheaper at $15.61 in Norway.
- Utility expenses are equal in both Denison and Norway averaging $200.